Hi anh Thach, can you please make a quick video or reel about what type of finishes you would do for a fix and flip? You’ve done a lot of finishes for rentals but not for fix and flips. I think it would be a good video!
I think he got it appraised and the appraisal came back as a 40k net negative because he mentions how he is going to hold on to the two properties. So I think he remodeled then refinanced money back out and built the townhouses on the same lot.
Awesome! On the first property he showed (where he is down 40k) It’s an excellent example of risk reward. In this case its about damage-control, it’s well executed. Would’ve have liked if he considered house-hacking it, or abnb or section 8 the property and if not why not, really curious
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Sounds interesting. I was planning to invest some few £ in some coins, stack them up and leave them for a few years, but seeing this changed my mindset. Thank you very much
Excuse my ignorance but Once you got the land , did you use the land as collateral to get the $440k loan to build? Such valuable information shared here thank you !
Thank you Thach! Can you please make video on house ages. Is it okay to buy a house older than 150 years old? I am always scared that once a house is too old it might fall apart one day. (When is a house considered too old in age?) No one Talks about that, can you please explain that in a long form video? Thank you!
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
How can I participate in this?I sincerely aspire to establish a secure financial future and am eager to participate.who is the driving force behind your success?.
Thank you for the breakdown!
All the best with these new townhomes!
Hi anh Thach, can you please make a quick video or reel about what type of finishes you would do for a fix and flip? You’ve done a lot of finishes for rentals but not for fix and flips. I think it would be a good video!
How did you get the permit to split the back and build a separate building
I’m guessing maybe SB9? Or this only in Ca? SB 5364
You need to subdivide the lot
@@aaronwilliams85 through what?
@@bowang8747 Hire a land surveyor. They will survey the property and do a legal subdivision
Do you refinance the house after 10 years or do you sell the house to do the 1031
Thank you for the great info. Did you do a lot split to be able to build the 2 townhouses?
I think he got it appraised and the appraisal came back as a 40k net negative because he mentions how he is going to hold on to the two properties. So I think he remodeled then refinanced money back out and built the townhouses on the same lot.
Awesome! On the first property he showed (where he is down 40k) It’s an excellent example of risk reward. In this case its about damage-control, it’s well executed. Would’ve have liked if he considered house-hacking it, or abnb or section 8 the property and if not why not, really curious
Are you paying 10% of rental income for property management?
What about parking? looks like a lot of house and not enough parking?
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Sounds interesting. I was planning to invest some few £ in some coins, stack them up and leave them for a few years, but seeing this changed my mindset. Thank you very much
How?
Excuse my ignorance but Once you got the land , did you use the land as collateral to get the $440k loan to build?
Such valuable information shared here thank you !
If the long term goal is multi family, why not start with multi family via syndications? Thank you in advance. Love the content.
Good stuff Bro. I'm learning
You make it look so easy tach I love it
Thach can you do a video on property management of your rental portfolio?
Thank you Thach!
Can you please make video on house ages. Is it okay to buy a house older than 150 years old? I am always scared that once a house is too old it might fall apart one day. (When is a house considered too old in age?)
No one Talks about that, can you please explain that in a long form video?
Thank you!
Great Video Thach. Thank You
Hello my brother I hope you good can I do Sam thing in new flats , l keep it for 1-5 years and resell it in Dubai?
great video buddy
Thach, post a day in the life video!
Straight lace game!✊🏽
In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.
Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?
I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.
How can I participate in this?I sincerely aspire to establish a secure financial future and am eager to participate.who is the driving force behind your success?.
Marie Ann Treloar
She has been my counselor and coach.
Great strategy.
Master piece
Thanks 🙏!
I love your strategies!!!
the break down is better when you own everything cash ... u need hundreds of property for brrrr snow ball effect ..
pl.s chec., ur gmai.l